Alibaba, ByteDance and Tencent seek 10-year memory deals with Samsung

Chinese tech giants Alibaba, ByteDance and Tencent have asked Samsung for 10-year long-term agreements for memory chips, far longer than the usual three to five years. They are racing to lock in server-grade DDR and LPDDR DRAM supply for AI infrastructure amid a severe memory shortage.

• Standard memory LTAs run 3–5 years; Chinese firms want 10
• They need server DDR and LPDDR DRAM for AI servers and cloud
• US giants have already locked supply with Micron, Samsung and SK Hynix
• Samsung may earn more this year than in the past 40 years combined